Should you choose an RRSP or a TFSA?

The higher your tax rate is, the more it’s to your advantage to contribute to your RRSP. However, if you plan on withdrawing amounts in the short term, consider contributing to your TFSA.

An RRSP is a good option if you want to grow an asset sheltered from tax while benefiting from tax savings when you contribute.

To meet shorter-term life goals, such as buying a car or taking a trip, the TFSA is an appropriate savings vehicle.

Do you have more questions?

Our agents will be pleased to answer any questions you may have at:

1 800 567-3663
Legal Notes
Please read the prospectus before buying Fonds de solidarité FTQ shares. Copies of the prospectus may be obtained on the website, from a local representative or at the offices of the Fonds de solidarité FTQ. The shares of the Fonds de solidarité FTQ are not guaranteed, their value changes and past performance may not be repeated.
Prospectus En ( 1504 Kb )